Bluechip(@bluechip_org):Rising stablecoin volumes aren't automatically bullish for stablecoin issuers. $1 of supply can settle more than $1 of volume, based on velocity or how fast the stablecoins change wallets. And issuers like @Circle get paid on the supply (float), and not volume (flow). Since Q3-2024, USDC volume is up 1,245%. Circle's revenue is up 63%.

Bluechip

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Bluechip@bluechip_org

2026.08.12 21:49

Rising stablecoin volumes aren't automatically bullish for stablecoin issuers. $1 of supply can settle more than $1 of volume, based on velocity or how fast the stablecoins change wallets. And issuers like @Circle get paid on the supply (float), and not volume (flow). Since Q3-2024, USDC volume is up 1,245%. Circle's revenue is up 63%.